By Johnny Askounis/ info@eurohoops.net
The CEO of Euroleague Basketball, Chus Bueno, updated the status of French EuroLeague clubs and also revisited the situation surrounding Real Madrid during an interview with L’Equipe, while confirming his vision to fix European basketball.
A central pillar of his strategy involves stabilizing major market franchises. He highlighted Paris as a major brand essential to the league’s evolution. “Executives Eric Schwartz and David Kahn have done a remarkable job. They had discussed a license with my predecessor, and I suggested they continue the conversation around the new model. We hope for an agreement so that they can integrate into the league,” he noted.
Regarding AS Monaco and recent financial difficulties, he confirmed negotiations regarding their long-term status remain ongoing. “We are talking with the general manager and the Principality,” he mentioned. “They have taken positive steps, and several serious investors are interested. We hope they find a way out so we can continue discussing their future status.”
However, the transition faces internal friction, specifically regarding LDLC ASVEL Villeurbanne. Bueno issued a warning to owner Tony Parker concerning a clause that could force a buyout of the club’s shares. “ASVEL is in a delicate situation, athletically and off the court, I have told Tony this many times,” said the 56-year-old executive.
For Real Madrid, who have yet to commit to the new terms as well, Bueno remains optimistic. He dismissed fears of the storied club based in the Spanish capital defecting to the Basketball Champions League, stating, “I can’t imagine them going alone to the BCL,” he said.